Nanofiber Market
The use of nanofibers has become increasingly popular in tissue engineering. there are three main techniques for the synthesis of nanofibers. The most widely studied technique, electrospinning, has shown the most promising tissue engineering results. Nanofibers can be synthesized from a wide range of biomaterials, resulting in a broad range of possible applications.
Market Dynamics:
Growing demand from pharmaceutical and medical industry are propelling growth of the nanofibers market growth. Moreover, emergence of Covid-19 pandemic has created high demand for face mask, PPE kits, and N95 respirators which is again fostering market growth. For instance, when the COVID-19 pandemic started, 3M announced that it would increase the global production of N95 face masks to more than 1 billion per year. In China, companies have increased their capacity of mask production facilities by 12 times. Several small startups have developed nanofibers that capture aerosol droplets better while providing additional breathability. Furthermore, emerging application in automotive, electronic, and chemical will further favor the market growth.
However, challenges associated with the bulk production of nanofibers and negative impact of Covid-19 pandemic are expected to restrict the market growth.
Key features of the study:
Detailed Segmentation:
Global Nanofiber Market Detailed Segmentation:
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